Tewksbury, MA

Population: 30,107
Average annual home appreciation rate: 6.41%
Total of homes for sale in this market: 6
Median home price: $364,987
Median Rent: $1,628 per room
Home price range: 36.75% of homes are between $333,001 – $444,000
Median sales price: $299,950
Number of homes: 50
Median foreclosure sales price: $358,500
Foreclosure discount: N/A
Most common home type: 70.86%% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 4.67%
Number of renters: 15.53%
Number of owner occupied: 84.47%
Number people living below poverty level: 3.09%
Unemployment rate: 4.20%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Tewksbury area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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